Moody’s Investment Service in October 2011:
Cumulus Media is "poised to become the bellwether and best-positioned operator in the U.S. radio broadcast industry today."
Bellwether is a predictor or harbinger of what’s to come.
We take the sugarcoating off Monday’s earnings miss to see why even the stock market is betting against the Dickeys chance of survival.
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- The real, honest to God number that represents Cumulus revenue for the 3rd quarter. You didn’t get this from Lew.
- Why they won’t separate out their various businesses to get a real view of how they are doing.
- $5 million in Cumulus revenue came from this one thing that has nothing to do with radio.
- Can you say fire sale? This one non-radio asset is being auctioned off for over $100 million.
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